Does GameStop’s Soaring Stock Indicate A Possible Market Bubble?

(CBS Detroit) — The stock market has appeared to be acting a little crazy for much of the last year. The Dow Jones, S&P 500 and NASDAQ have all grown steadily, despite the COVID pandemic and resulting economic crisis. The simple explanation is that the extended rise reflects the market’s optimism in a more stable future. A more complicated explanation, given the ongoing GameStop saga, suggests that maybe there’s more going on.
After bottoming out in March, the stock market